Commercial Underwriter

Location: Los Angeles, United States; California City, United States About LBC Mortgage LBC Mortgage is a Los Angeles–based mortgage company with over 20 years of industry experience . Alongside our traditional mortgage business, we operate a fast-growing Private Money / Hard Money Lending Division , focused on funding real estate investment loans with speed, accuracy, and strong risk management. We are looking for a skilled Hard Money Underwriter who understands private lending, can underwrite deals quickly, and make confident decisions that protect the company while keeping production moving. Responsibilities Underwrite Hard Money / Private Money loans (Fix & Flip, Bridge, DSCR, Cash-Out, Ground-Up, etc.) Review loan files and borrower documentation (credit, assets, entity docs, income where applicable) Analyze property details, exit strategies, deal structure, and overall risk Calculate and validate LTV, ARV, LTC , rehab budgets, and timelines Review appraisals, comps, and market data to confirm property value and feasibility Issue approvals and conditions, ensuring fast and clear communication with the team Work closely with Loan Officers, Processors, and Management to move loans efficiently Identify red flags early and provide clear recommendations Ensure adherence to internal guidelines and lending policies Requirements 2+ years of underwriting experience in Hard Money / Private Lending (required) Strong understanding of Fix & Flip and Bridge loan underwriting Ability to evaluate ARV-based deals , rehab scopes, and budgets Strong knowledge of appraisals, title reports, insurance, and entity structures Strong attention to detail and ability to work in a high-volume, fast-paced environment Excellent communication skills and ability to make confident decisions Preferred Qualifications Experience underwriting DSCR and rental investment loans Experience with Ground-Up Construction loans Familiarity with Encompass or other mortgage/loan CRM systems Strong knowledge of investor real estate lending across multiple states Why Join LBC Mortgage Established company with strong leadership and long-term stability Growing private lending division with strong pipeline Opportunity for career growth into Senior Underwriter / Underwriting Manager role Competitive compensation based on experience Remote flexibility and supportive team environment